Huntington Bancshares trades as part of the banking industry and trades as part of the financial services sector. The company CEO is Stephen D. Steinour. Huntington Bancshares Inc is a multi-state financial holding company. It provides full-service commercial, small business, consumer, and mortgage banking services, as well as automobile financing, investment management services, and among others.
Previous Intraday Trading Performance:
The HBAN stock showed a previous change of 1.15% with an open at 13.13 and a close of 13.21. It reached an intraday high of 13.25 and a low of 13.10.
The stock has a market cap of $13.8b with 1.0b shares outstanding, of which the float is 1.0b shares. Trading volume reached 7,096,252 shares compared to its average volume of 10,421,319 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Huntington Bancshares shares returned -0.83% and in the past 30 trading days it returned -3.51%. Over three months, it changed -7.34%. In one year it has changed -9.46% and within that year its 52-week high was 16.53 and its 52-week low was 11.12. HBAN stock is 18.79% above its 52 Week Low.
Our calculations show a 200 day moving average of 13.88 and a 50 day moving average of 13.37. Currently HBAN stock is trading -4.82% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.
The last annual fiscal EPS for the company was reported at 1.21 that ended on 31st of December 2018, which according to the previous close, that is a PE of 10.92. Based on 9 analyst estimates, the consensus EPS for the next quarter is 0.32. The TTM EPS is 1.20, which comes to a TTM PE of 11.01. Historically, the PE high was 21.30 and the PE low was 9.70. If the stock reached its PE low, that would represent a price of 11.64, which is a decrease of -11.90%.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr of 2019||0.32|
|4th||Qtr of 2018||0.29|
|3rd||Qtr of 2018||0.33|
|2nd||Qtr of 2018||0.30|
|1st||Qtr of 2018||0.28|
The dividend per share is currently 0.56, which is a dividend yield of 4.24%. Also, the payout ratio is 46.67%, therefore the dividend is safe according to our calculations. HBAN stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.
Base on our calculations, the intrinsic value per share is 17.85, which means it is possibly undervalued and has a margin of safety of 25.98%.
Indicators to Watch:
The current calculated beta is 1.37.
SeekingAlpha: HP Inc. 2019 Q2 – Results – Earnings Call Slides
Based on last reported financials, the company’s return on equity is 13.26%, return on assets is 1.27%, profit margin is 26.24%, price-to-sales is 2.52 and price-to-book is 1.35.
All scores are out of six:
3 :Valuation Score
2 :Past Performance Score
6 :Financial Strength Score
1 :Future Growth Score
6 :Dividend Score
3 :Overall Score